Company to showcase its breadth of solutions to address the significant strategic opportunities in the Chinese Market
Petah Tikva, Israel, October 20, 2015 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that it intends to unveil its revolutionary architecture, optimized for High-Throughput Satellites (HTS), at the China Satellite Conference in Beijing, October 28-30, 2015.
The new architecture enables satellite operators to dynamically support mobility, enterprise, cellular and consumer broadband markets – and different business models – all from a single platform.
“It is no coincidence we have decided to unveil our latest technology and products specifically at the China Satellite Conference,” said Dov Baharav, Gilat’s Interim CEO and Chairman of the Board. “China is an important strategic market for Gilat given the great value we can bring to our Chinese partners, especially as it enters the HTS and the Inflight Connectivity era.
We look forward to meeting satellite operators and service providers at the show to demonstrate to them the value and quality of the broadband communication that we can provide to the Chinese market.”
At the event, Gilat will showcase its SkyEdge II-c family of products, which supports the new architecture and addresses a wide range of markets:
The company will also display its industry-leading mobility solutions including its high performance airborne transceivers.
Participants at the China Satellite Conference are invited to visit Gilat at booth J2. At the event, Jun Xiang, Gilat’s General Manager of Greater China, will be leading a session entitled “Maximizing HTS Business Potential with Gilat’s New Architecture”.
Gilat Satellite Networks Ltd (NASDAQ, TASE: GILT) is a leading provider of products and services for satellite-based broadband communications. Gilat develops and markets a wide range of high-performance satellite ground segment equipment and VSATs, with an increasing focus on the consumer and Ka-band market. In addition, Gilat enables mobile SOTM (Satellite-on-the-Move) solutions providing low-profile antennas, next generation solid-state power amplifiers and modems. Gilat also provides managed network and satellite-based services for rural telephony and Internet access via its subsidiaries in Peru and Colombia.
With over 25 years of experience, and over a million products shipped to more than 90 countries, Gilat has provided enterprises, service providers and operators with efficient and reliable satellite-based connectivity solutions, including cellular backhaul, banking, retail, e-government and rural communication networks. Gilat also enables leading defense, public security and news organizations to implement advanced, on-the-move tactical communications on board their land, air and sea fleets using Gilat’s high-performance SOTM solutions. Gilat controlling shareholders are the FIMI Private Equity Funds. For more information, please visit us at www.gilat.com
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission.
Gilat Satellite Networks
KCSA Strategic Communications
Phil Carlson, Vice President